Investors worried about rising bond yields are keeping a close eye on this corner of the market
U.S. smallcap stocks have hit a pivotal point, trading below a key level as interest rates in the bond market climb ahead of the Federal Reserve’s highly…
U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee
Chineselanguage platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks. Source：CoinDesk
Trade groups seek to block Illinois crypto tax before January effective date
Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose…
Treasury will buy more government bonds than previously announced. The market remains ‘underwhelmed.’
The Treasury Department said it would buy back $6 billion in U.S. government debt, exceeding the amount previously announced in its effort to contain bond…
Kalshi election data goes live on DoubleZero ahead of U.S. midterms
The expansion gives institutional and automated traders access to fulldepth political predictionmarket order books ahead of the U.S. midterms. Source：CoinDesk
PayPal expands stablecoin rails with custom token issuance platform
The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay. Source：CoinDesk
Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut
LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before…
German finance ministry proposes 25% crypto tax starting 2028: report
The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains taxfree after…
BitMart misses roadmap deadline, appoints financial adviser
BitMart provided no asset figures or withdrawal timetable and will launch a feedback portal within five working days during a financial adviser review.…
KYC data is an irresistible honeypot for hackers, and we must change how it is collected
Privacypreserving identity verification systems could allow individuals to prove only what a service needs to know while keeping the underlying information…
Algorand names former Chainlink executive William Herkelrath as CEO
The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantumresistant security. Source：CoinDesk
Meta’s stock jumps as new personal AI agent Muse addresses a major investor concern
Meta’s Muse could be the beginning of a product cycle that the market has not yet priced into the stock, an analyst says. Source：MarketWatch